North America Solid State Transformer Marketplace Investigates in MicroMarketMonitor Report Recently Published at MarketPublishers.com
12 Nov 2015 • by Natalie Aster
LONDON – Solid state (smart) transformers (SST) are applied in a number of fields, such as alternative power generation, power distribution, etc. The SST market for the alternative power generation application is set to grow at a swiftest pace in the years to come, with its CAGR almost hitting the 24.5 percent mark over the period 2017-2020.
North America is one of market leaders. The local marketplace is expected to amount to over USD 17.5 million by 2017.
Growing demand for alternative energy is a key factor spurring growth of the marketplace. An increase in investments in smart energy systems and smart grids are other important factors.
The USA dominates the market, with Canada lagging behind. ABB Ltd., Alstom SA and Schneider Electric SE are some of the most powerful players in the marketplace.
Insightful report “North America Solid State Transformer (SST) Market By Application, by Product, by Component, and by Geography– Analysis and Forecast to 2020” developed by MicroMarketMonitor offers a thorough discussion of the North American SST marketplace. The research study provides a 360-degree overview of the market. It explores the market on the basis of components, products and applications. The research report casts light on performance of the marketplace across major countries. The study scrutinizes the competitive landscape, besides profiling major companies. It also contains market development forecasts.
North America Solid State Transformer (SST) Market By Application, by Product, by Component, and by Geography– Analysis and Forecast to 2020
Published: November, 2015
Price: US$ 2,650.00
More new insightful studies by this publisher are available at MicroMarketMonitor page.